Story from The Takeaway. Listen to audio for full report.
House Majority Leader Eric Cantor (R-VA) declared President Obama’s jobs bill dead on arrival on Monday. Cantor said the House would consider elements of the bill, but refused to consider the entire $447 billion package.
President Obama responded to Cantor on ABC news by saying, “what he needs to do is to tell us what exactly he’s for, because what I’ve done is put forward what economists say can increase our growth by close to two percent, and put 1.9 million people ultimately back to work.”
Todd Zwillich, The Takeaway’s Washington correspondent, says the president’s jobs bill isn’t just facing opposition in the House. Senate Democrats are “tepid” about the bill.
“They don’t like how it’s paid for,” said Zwillich. “People want to support the president … they want to do something about jobs in different ways, but ultimately this is a campaign document.”
Lawmakers aren’t agreeing on the most important thing, according to economists, Zwillich says. “There’s nothing being done on Capitol Hill right now about demand.”
————————————————–
“The Takeaway” is a national morning news program, delivering the news and analysis you need to catch up, start your day, and prepare for what’s ahead. The show is a co-production of WNYC and PRI, in editorial collaboration with the BBC, The New York Times Radio, and WGBH.
The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!